Analysis on WALMART 2.09.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 115.40
• Take Profit Level: 119.00 (360 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 113.10
• Take Profit Level: 112.00 (110 pips)
USDJPY
A possible long position at the breakout of the level 106.40
EURUSD
A possible short position in the breakdown of the level 1.0950
USDCHF
A possible long position at the breakout of the level 0.9920
GBPUSD
A possible short position in the breakdown of the level 1.2070
Walmart
$WMT Sitting at strong support going into ERNYSE:WMT Wal-Mart is sitting at what should be a strong area of support going into its quarterly ER this Thursday. Strictly technically speaking, this is a convergence of multiple supports that should provide a stop to the selling pressure. There is a horizontal former resistance that should turn support, an uptrend support line, and the 125 MA all in a cluster right around the 105 area. In addition to this, there is a strong short term bullish divergence in the RSI. Typically this is an ideal area to look for a bounce, when the price drops, bounces slightly, then drops further than the initial drop. If the RSI from the secondary drop stays quite a bit higher than from the initial drop in my experience this provides a strong indication of reversal. One final note technically speaking is that WMT recently broke out of a consolidation pattern to reach its ATH's, and this drop represents what many like to think of as an ideal entry point--the retest of the breakout area. Add it all up and it looks like the spot where I want to take my chances going long on Wal-Mart, even knowing the headwinds retail has faced across the board. Because of the expectations of retail difficulties, any sort of surprise positive result will likely send this thing flying well past it's ATH's. So, I have bought some shares here at 105.25 (only 5 shares) and have also took a shot with Sep 20th C120 at .17 apiece (5 contracts). Total risked is only just over 600 bucks, with possible returns far far outweighing possible losses at this point. Stop at 102.5, selling options either worthless or at WMT 115 by end of August. Happy hunting and GLTA!!
Walmart Inc #WMT american stock buy opportuntiesWalmart Inc #WMT american stock is providing new buy opportunities as it broke all time highs around $105 a few weeks ago created a strong weekly demand level around $103 per share. The long time supply and demand technical analysis for Walmart Inc is bullish, no reason at all to sell this stock or get rid of it if you are already long from lower using other trading strategies.
As trend traders we should only be thinking of buying Walmart stock since it has a clear uptrend and bullish bias. There are two possible outcomes for a trade, either you win or you lose. Both outcomes are fine, because your success as a trader is not measured by the result of a single trade, it should be measured over the success over a huge sample of valid trades over a long period of time.
We do not follow earnings or fundamentals on our stock analysis, but earnings is usually a catalyst, it helps price to move. If you are a trader that does follow fundamentals then Walmart Inc. is expected to report earnings on 08/15/2019 before market open. The report will be for the fiscal Quarter ending Jul 2019. According to Zacks Investment Research, based on 12 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.21. The reported EPS for the same quarter last year was $1.29.
#WALMART On the way to the double top?A strong and stable stock with an impressive performance so far. We believe that this trend will continue with all the good technical points.
The goal we set is the last peak of WALMART was on January 26 where it will create a strong double top pattern.
Entry Price: 98.92
Take Profit: 105
My first time doing TAGood Afternoon everyone,
I've been using a couple of indicators for a while now and I decided that from the graph here that if Walmart Breaks out towards the top it seems like it will run to the top and test new areas.(monday)
Of course TA isnt the only thing that affects the stock, news to horoscopes can affect the market. Remember to just do your own research
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
RJ
Walmart Analysis (Gaps in the weekly).Posting for a friend.
I believe the S&P to struggle this week, nearing resistance and a key level. Unlikely to find a lot of buyers resulting in a sharp price drop, but to where? when?
Markets seem to become more and more predictable, is that me, or is that society catching up to the basics that is 'trading' - the analysis of the flow of money, it's . . . interesting :D
I will continue with a string of charts; $S&P $TSLA $AMZN as I fear the 'celebrating' may come to a halt. We shall see . . .
Prepare for the worst, plan for the rest. GLHF!
Walmart Stock Analysis: Longer time frame is KeyCoin Analyst Investments is kicking of the new year by looking at a long term chart of Walmart (WMT). Over a decade of price action is presented in today’s Walmart Stock analysis with emphasis placed on the bullish price swing from November 16, 2015 starting from a price low of ~$56.36.
The current move upwards from November 16, 2015 is highlighted with the use of a bullish trendline (in green) which is expected to keep offering support for any bullish position(s). However, a break below the trendline could see the price of Walmart retrace back to between 81.78 and 78.48 where another support is anticipated.
Also shown on the Weekly timeframe chart is a bearish channel (tentative) that should also be considered as part of monitoring the progression of Walmart for weeks or months to follow. A break below the lower level of support (i.e. $71.48) could see prices reach the bottom of the bearish channel. Momentum is highly important in confirming which directions warrant any trade(s).
WMT Testing Support, Potential Bounce!WMT is testing its support at 90.79 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 98.04 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is testing its support at 3.5% where a corresponding bounce is expected.
WMT Approaching Support, Potential Bounce!WMT is approaching its support at 90.54 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 98.04 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching support at 3.5% where a corresponding rise could occur.
The fall of WAL MART - #wallstreet #tradingNumbers do not lie. Wall mart earns less and less. Profit margins are low and net profit falls steadily over the last few quarters. This thing is not a good sign.
Making a fundamental analysis from my point of view, thiol is very overrated. With the last gross profit for me the title is worth about half. If it seems a crazy idea mine, think that its EPS is similar to that to Coca Cola .... Coca Cola, however, is 50$.
Looking at the chart, this moment seems similar to the descent of 2015. Only a change of direction of the eps in the coming quarters will stop the downtrend started.
The weekly mm7 broke down, thus starting a bearish phase. Three dashed black lines are drawn on the chart. they are not yet closed gap up. Interesting at 75.15 near a Fibonacci level. it is far? now, yes, but do not forget Coca Cola!
The first gap to close is at 90, near the Fibonacci 0.618 level. It seems an easy goal. Everything is for a price drop.
Good luck.
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Potential WMT Short, Earnings WendesdayHigh probability, Great Risk/reward, only way it goes wrong is if WMT crushes their earnings. I think even if they meet expectation's it'll still go down. If this chart isn't screaming "overextended" to you, I don't know what would be lol. I'm playing OTM Puts with 2-4 week expiry. Good luck
Walmart Short Idea. With BTCGoing to short Walmart. There is no reason for this thing to keep rising, just look at the earnings, all on the down yet the stock price keeps rising? I think this is a technical pull back to the golden area of fibs. Can enter anywhere here with a stop of around 107.5. Target the $75 area for a nice gain. Look at the ideas, everyone is buying and when that happens?
While the crypto market is doing nothing I am using BTC to play these markets at simplefx.com (my referral link) with margin, use 100x leverage for 10x on this asset. 50x for 5x.
When in profit lock in with a stoploss.